New Delhi, Oct 12 (IANS) Enrollment for the Modi government’s PM Internship Scheme began on Saturday the day of Dussehra. The scheme is aimed at benefiting around 10 million young people over the next five years.
Under the scheme, each intern will receive a monthly allowance of Rs 5,000, and after one year, a lumpsum of Rs 6,000 as an additional benefit from the government.
Union Finance Minister Nirmala Sitharaman had announced the scheme during the Union Budget for the financial year 2024-25.
The portal www.pminternship.mca.gov.in has been started for companies.
The portal was opened for candidates on Saturday on which they can upload their qualifications and other information till October 25.
Out of Rs 5,000 stipend, Rs 500 will come from companies as part of their Corporate Social Responsibility (CSR) funds, and the remaining Rs 4,500 will be provided by the government.
Reservation policies will be followed for Scheduled Castes, Scheduled Tribes, and Other Backward Class candidates in this scheme.
Bhaskaracharya Institute for Space Applications and Geoinformatics (BISAG) will shortlist candidates between October 27 and November 7. The shortlisted candidates can decide on the internship offer between November 8 and November 15.
The estimated cost of this pilot project is around Rs 800 crore. Advertisements for the internship scheme have already been released in multiple regional languages.
The government aims to provide as many internships as possible in the districts where candidates reside.
People aged 21 and 24, who passed their 10th-grade exams and hold a valid certificate and mark sheet, can apply for the scheme.
According to reports, 111 companies out of the top 500 have already enrolled in this programme.
Hailing the endeavour, Union Minister Shivraj Singh Chouhan said unemployment benefits were not a real solution, and developing skills was a better option.
BJP leader Gaurav Vallabh Pant said that the scheme will be a game-changer.
–IANS
svn/rad
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
